Author: Central Desk

KG Mobility has formalized an agreement with BYD, the electric vehicle powerhouse, to jointly craft a new breed of electric and hybrid vehicles, heralding an era of advanced eco-friendly transportation. The ceremony at BYD Group’s headquarters marked the commencement of this ambitious collaboration. Representatives from both entities were present at the official signing event. This partnership aligns with the launch of the Torres EVX and sets the stage for the integration of Korean-produced battery packs into this model, a new BEV pickup, and a series of other models slated for release. Anticipation for these vehicles is high, with mass production…

Governor Brian P. Kemp announced a strategic development in Georgia’s manufacturing growth with Hyundai Industrial’s commitment to pour $24 million into a Coweta County plant. This facility promises to create 100 jobs, following Hyundai Metaplant’s impactful unveiling last year and enhancing Georgia’s reputation as a magnet for auto industry suppliers. With this investment, Hyundai Industrial intensified its presence in the United States. Originating from Ulsan, Korea, the company specializes in producing integral auto components like car seats, arm rests, and head rests. Its decades of expertise align with Georgia’s initiative to foster industry growth, particularly in automotive manufacturing. Woosuck Kim…

A pivotal moment unfolds at the BMW Group Plant Regensburg with the commencement of the BMW X2 production, showcasing a leap into a future where manufacturing versatility and technological prowess coalesce. The assembly line at Regensburg stands as a beacon of BMW’s dedication to forward-thinking, now adept at producing a varied range of drive trains from traditional combustion engines to eco-conscious plug-in hybrids and zero-emission fully electric vehicles. The rollout of the BMW X2, especially its electric iteration, the BMW iX2, marks a significant stride for the Regensburg facility. Plant Director Armin Ebner states, “We continue to set the pace,…

Honda’s latest marvel, the Motocompacto e-scooter, emerges as a beacon of sustainable innovation, blending the realms of affordability, style, and eco-conscious engineering. Available for purchase at the impressive MSRP of $995, the Motocompacto is not merely a vehicle but a vibrant testament to Honda’s forward-thinking approach to personal mobility solutions. Drawing a bridge between past glory and future innovation, the Motocompacto is inspired by the iconic Honda Motocompo of the 1980s. It sports an exceptionally sleek design, combined with groundbreaking foldability, making it the quintessential choice for modern urban and campus transportation. The e-scooter boasts impressive performance with a zero-emission…

To supercharge strategic initiatives, Stellantis unveils new leadership roles to strengthen its partnership with Leapmotor. Grégoire Olivier takes charge of a newly established ‘liaison office,’ positioning himself at the forefront of this transformative collaboration. Reporting to Stellantis CEO Carlos Tavares, Olivier will also hold a pivotal position on the Leapmotor board, illustrating the depth of integration and cooperation between the two automotive innovators. Olivier’s mandate involves ensuring the vibrant and precise execution of the partnership strategies. His role encompasses the establishment of a sales joint venture and focused coordination with Leapmotor to optimize the utilization of Stellantis’ substantial distribution and…

Volkswagen, a dominant force in the global automotive arena, tantalizes enthusiasts with an exclusive preview of its groundbreaking invention, the ID.7 Tourer. A testament to more than 60 years of mastery in estate vehicle manufacturing, this all-electric marvel promises a synthesis of tradition and futuristic innovation, set to debut in 2024. From its inception, Volkswagen captivates, revealing the ID.7 Tourer enrobed in an exquisite autumn camouflage dress. An ode to seasonal elegance, this visual spectacle enhances the vehicle’s allure, coupling it with seamlessly integrated QR codes at the rear for a harmonious aesthetic experience. The ID.7 Tourer embodies aerodynamic brilliance,…

A strategic partnership has been forged between Infineon Technologies AG and Eatron Technologies, marking a pivotal advancement in automotive battery management systems (BMS). The collaboration is set to integrate cutting-edge machine learning solutions and algorithms with Infineon’s AURIX TC4x microcontroller (MCU), streamlining and enhancing the functionality and efficiency of BMS in electric vehicles (EVs). Targeting the core challenges hindering the widespread adoption of EVs—range anxiety, charging speed, and battery health—the partnership aims to deliver solutions that resonate with customer needs and expectations. Both companies bring specialized expertise to the table, with the combined effort aimed at overcoming existing limitations and…

Saudi Arabia’s Public Investment Fund (PIF) collaborates with Pirelli Tire S.P.A (Pirelli), one of the world’s premium tire manufacturers. They have entered into a joint venture, committing $550 million towards the establishment of a sophisticated tire manufacturing facility in Saudi Arabia. PIF will embrace a commanding role, wielding a 75% stake in the venture, with Pirelli contributing the remaining 25%. As a strategic technology ally, Pirelli will funnel its esteemed expertise and resources into the project, ensuring a harmonious blend of technical innovation and commercial robustness. Projected to commence production activities by 2026, the facility is designed to be a…

German automobile giants, such as Audi, are boldly navigating the transformative currents of the global automotive industry by amplifying their investments in China, seeking to leverage the country’s technological prowess. Their strategy primarily revolves around New Energy Vehicles (NEVs), recognizing China’s remarkable advancements and leadership in this innovative domain. Audi, in collaboration with Chinese automaker FAW, is in the advanced stages of establishing a pioneering electric vehicle production facility in Changchun, China’s automobile hub. With a robust investment north of 35 billion yuan ($4.87 billion), the facility is poised to be a crown jewel in Audi’s manufacturing ecosystem, concentrating on…

BP Pulse has signed a $100 million deal to buy Tesla’s EV chargers – Ultra-fast charging hardware units. This is the first time that Tesla’s advanced chargers will be used by an independent EV charging network. This is a significant stride towards enhancing the US EV charging infrastructure. The investment aligns with BP’s ambitious plan to invest up to $1 billion in the US EV charging network by 2030. Bp pulse, spearheading this initiative, has already installed over 27,000 global charging points and aims to exceed 100,000 by 2030. Scheduled to start in 2024, the deployment of Tesla’s chargers, known…